What does a stock exchange do?

A stock exchange is a place where public property rights are traded. Taking Shenzhen as an example, the functional orientation of Shenzhen Stock Exchange is that the centralized trading platform for public property rights of Shenzhen Stock Exchange mainly deals with state-owned property rights of enterprises and public resources (car number plates, taxi operating licenses, the right to use outdoor advertising spaces, etc.). ).

By establishing an open, fair and efficient centralized trading platform, public property transactions such as state-owned property rights of enterprises, assets of administrative institutions and public resources will be gradually brought into the trading platform, and public resources will be allocated through market-oriented means, which will not only help to discover value, promote the preservation and appreciation of state-owned assets, but also help to control corruption from the source.

Extended data:

The predecessor of Shenzhen United Property Rights Exchange Co., Ltd. is1Shenzhen Property Rights Exchange Center established in March 1993 and Shenzhen International High-tech Property Rights Exchange established in June 2000. Shenzhen Property Rights Exchange Center is one of the earliest property rights exchange institutions in China. The "Sunshine Management System" of property right transaction created by the center has been fully affirmed by former The Politburo Standing Committee (PSC) and Wei Jianxing, secretary of the Central Commission for Discipline Inspection.

Shenzhen International Hi-tech Property Rights Exchange is the first joint-stock technology property rights trading institution with market operation approved by Shenzhen Municipal Government according to the instructions of Li Changchun, then member of the Political Bureau of the Communist Party of China (CPC) Central Committee and secretary of Guangdong Provincial Party Committee, aiming at creating a never-ending high-tech fair.

Brief Introduction of Shenzhen Municipal Government-Shenzhen Stock Exchange Platform